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Cushman & Wakefield arranges refinancing of Brooklyn portfolio
Oritani Bank has provided a $34m loan to refinance a portfolio of 12 mixed-use properties in Brooklyn, New York’s Williamsburg neighborhood, Real Estate Capital has learned. The five-year, fixed rate loan -- with a 3.4% interest rate and 30-year amortization -- takes out three previous loans from three separate lenders: Investors Bank, Arbor Bank and Greystone.
